PepsiCo stock price: PEP ticks up as €2.5 billion bond sale, dividends and snack price cuts come into view
PepsiCo shares rose 0.2% to $166.44 Thursday after an SEC filing showed a €2.5 billion euro notes offering split across four maturities. The company also announced a 5% quarterly dividend increase and began rolling out U.S. snack price cuts of up to 15%. Investors are watching if lower prices will lift sales without eroding margins.